Sarasota County manufacturer sells more than 110,000-square-foot facility

Naples/Fort Myers

Retail therapy: The Cape Coral Commons shopping center has been sold. A Coral Gables investment firm bought the two-building Pine Island Road shopping center for $14.75 million, according to Lee County property records. The shopping center at the northwest Corner of Del Prado Boulevard and Pine Island Road was developed by Thomson Thrift out of Indiana. Among its current tenants are Crumbl Cookies, First Watch, Mission BBQ, Tire Kingdom and Vision Works. According to state and county records, the buyer is an LLC named Fat Deer Key that shares an address and P.O. Box — and a manager — with Coury Holdings. (In a press released posted to its website, Thomson says the property was sold to an “independent buyer from California.”) 

Courtesy photo